1226 Chelsea Ave Unit 1 Santa Monica, CA 90404
Mid-City Santa Monica NeighborhoodEstimated payment $18,193/month
Total Views
7,553
6
Beds
5
Baths
3,038
Sq Ft
$978
Price per Sq Ft
Highlights
- Ceiling Fan
- McKinley Elementary School Rated A
- 3-minute walk to Douglas Park
About This Home
FULLY VACANT HOUSE + 3 UNITS | A unique opportunity to own a fully vacant 4plex in the heart of Santa Monica. Whether you're an owner-user looking to live in one unit and rent the others, or an investor ready to set market rents from day one, this property offers the kind of flexibility that's nearly impossible to find especially in Santa Monica. Located just off Wilshire Blvd, you're minutes from everything: Douglas Park, Whole Foods, Trader Joe's, UCLA Medical Center, The Water Garden and Colorado Center Park. The location of the property has an unbeatable walk score. The front home is a spacious and fully remodeled 3-bedroom, 2-bath house with a den, modern fixtures, a private front deck, and 10-foot privacy shrubs that require virtually no upkeep. Behind it are three remodeled 1-bedroom, 1-bath units, perfect for extended family, guests, or strong rental income. All units will be delivered fully furnished. Additionally, there are three garages in the back that presents strong ADU potential. The property also features a new energy-efficient roof with reflective material, keeping things cool and efficient. With no tenants, this property gives you a rare advantage in Santa Monica full control from day one. Live in the front, lease the back, build out an ADU, or simply hold a strong asset in a coastal market.
Listing Agent
Lyon Stahl Investment Real Estate, Inc. License #02117893 Listed on: 06/24/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $21,090
Year Built
- Built in 1958
Parking
- 5 Parking Spaces
Home Design
- Split Level Home
Interior Spaces
- 3,038 Sq Ft Home
- 2-Story Property
- Ceiling Fan
Kitchen
- Oven or Range
- Dishwasher
Bedrooms and Bathrooms
- 6 Bedrooms
- 5 Bathrooms
Laundry
- Dryer
- Washer
Additional Features
- 5,302 Sq Ft Lot
- Heating System Mounted To A Wall or Window
Community Details
- 2 Buildings
- 4 Units
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $21,090 | $1,740,371 | $1,339,784 | $400,587 |
| 2023 | $20,752 | $1,706,247 | $1,313,514 | $392,733 |
| 2022 | $20,489 | $1,672,792 | $1,287,759 | $385,033 |
| 2021 | $19,973 | $1,639,993 | $1,262,509 | $377,484 |
| 2019 | $19,633 | $1,591,582 | $1,225,063 | $366,519 |
| 2018 | $18,447 | $1,560,380 | $1,201,043 | $359,337 |
| 2016 | $17,761 | $1,499,569 | $1,154,406 | $345,163 |
| 2015 | $17,530 | $1,477,045 | $1,137,066 | $339,979 |
| 2014 | $17,297 | $1,448,113 | $1,114,793 | $333,320 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/18/2025 07/18/25 | For Sale | $2,970,000 | -- | $978 / Sq Ft |
Source: The MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | -- | |
| Grant Deed | -- | -- | |
| Grant Deed | $1,299,000 | -- | |
| Grant Deed | -- | Fidelity Van Nuys | |
| Interfamily Deed Transfer | -- | Fidelity Van Nuys | |
| Interfamily Deed Transfer | -- | Fidelity Van Nuys | |
| Grant Deed | -- | Fidelity Van Nuys |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $880,000 | Balloon | |
| Previous Owner | $980,000 | Unknown | |
| Previous Owner | $974,250 | Purchase Money Mortgage | |
| Previous Owner | $800,000 | Purchase Money Mortgage |
Source: Public Records
Similar Homes in Santa Monica, CA
Source: The MLS
MLS Number: 25556463
APN: 4276-017-050
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